48 CFR § 2110.7001 - 2110.7001 Definitions.

---
identifier: "/us/cfr/t48/s2110.7001"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "48 CFR § 2110.7001 - 2110.7001   Definitions."
title_number: 48
title_name: "Federal Acquisition Regulations System"
section_number: "2110.7001"
section_name: "2110.7001   Definitions."
chapter_number: 21
chapter_name: "OFFICE OF PERSONNEL MANAGEMENT, FEDERAL EMPLOYEES GROUP LIFE INSURANCE FEDERAL ACQUISITION REGULATION"
subchapter_number: "B"
subchapter_name: "ACQUISITION PLANNING"
part_number: "2110"
part_name: "SPECIFICATIONS, STANDARDS, AND OTHER PURCHASE DESCRIPTIONS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 8716; 40 U.S.C. 486(c); 48 CFR 1.301."
regulatory_source: "58 FR 40374, July 28, 1993, unless otherwise noted."
cfr_part: "2110"
---


# 2110.7001 2110.7001   Definitions.

*Investment income,* as used in this subpart, means the net amount on an investment of FEGLI Program funds earned by the contractor after deducting reasonable, necessary, and properly allocated investment expenses.

*Significant event,* as used in this subpart, means any occurrence or anticipated occurrence that might reasonably be expected to have a material effect upon the contractor's ability to meet its obligations under the LIFAR.